News Archives - Insurance Journal

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8 03, 2023

Women Still Underrepresented in Agency Leadership: Survey

By | March 8th, 2023|Uncategorized|Comments Off on Women Still Underrepresented in Agency Leadership: Survey

A new report showed that while more agencies have at least one woman in leadership, men still outnumber women in leadership two to one. Women make up more than half of all employees in insurance agencies, but less than one-third …

8 03, 2023

New York City Launches Parametric Flood Program With Insurance, Tech Firms

By | March 8th, 2023|Uncategorized|Comments Off on New York City Launches Parametric Flood Program With Insurance, Tech Firms

Insurer Swiss Re Corporate Solutions, reinsurance broker Guy Carpenter, and the data technology firm ICEYE have teamed up with New York City government agencies to develop a pilot parametric flood recovery assistance program for low and moderate income households in …

8 03, 2023

The Hack That Upended Derivatives Trading Spurs Calls for Action

By | March 8th, 2023|Uncategorized|Comments Off on The Hack That Upended Derivatives Trading Spurs Calls for Action

A cyberattack that disrupted derivatives trading in January is prompting calls for more oversight to combat the risk of hacks across financial markets. The top US derivatives regulator wants to update standards and monitoring systems that will help minimize the …

8 03, 2023

Burns & Wilcox Acquires Louisiana’s McIntyre & Associates

By | March 8th, 2023|Uncategorized|Comments Off on Burns & Wilcox Acquires Louisiana’s McIntyre & Associates

Burns & Wilcox has signed a definitive agreement to acquire McIntyre & Associates, a Ruston, Louisiana based managing general agent. The deal is expected to close early in Q2 2023.. Family owned for two generations, McIntyre is a wholesale business …

8 03, 2023

Michigan Conservative Group Will Get Reward for Suing Over COVID-19 Loans

By | March 8th, 2023|Uncategorized|Comments Off on Michigan Conservative Group Will Get Reward for Suing Over COVID-19 Loans

MIDLAND, Mich. (AP) – A conservative economic-policy group will get a $22,500 reward for blowing the whistle on a Michigan teachers union and its insurance arm, which got $12.5 million in government-backed loans during the early months of the COVID-19 …

8 03, 2023

General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

By | March 8th, 2023|Uncategorized|Comments Off on General Contract Fined $154K After Painter Fatally Falls 21 Feet Off Balcony

A 51-year-old painting contractor at a residential apartment complex in Cleveland stepped onto a third-floor balcony and it tilted suddenly, causing him to fall 21 feet onto the concrete below. As he lay injured, the balcony slid off its wall …

8 03, 2023

Louisiana Supreme Court Suspends Hurricane Damage Attorney

By | March 8th, 2023|Uncategorized|Comments Off on Louisiana Supreme Court Suspends Hurricane Damage Attorney

The Louisiana Supreme Court suspended indefinitely the law license of the attorney who manages McClenny Moseley & Associates’ office in New Orleans — the latest setback for a law firm that paid nearly $14 million for client leads and filed …

8 03, 2023

People Moves: McCain to Retire from Frankenmuth Insurance

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McCain to Retire from Frankenmuth Insurance Frankenmuth Insurance Senior Vice President Phil McCain will retire on June 2 after 37 years of service and leadership. McCain started at the company, headquartered in Frankenmuth, Michigan, as a programmer in 1986. He …

9 03, 2023

People Moves: PCF Names New President; California Department of Insurance Appoints Members

By | March 9th, 2023|Uncategorized|Comments Off on People Moves: PCF Names New President; California Department of Insurance Appoints Members

PCF Insurance Services in Lehi, Utah, named Jenni Lee Crocker president. Crocker was PCF’s senior vice president, growth and operations for the past year. She will remain on the board of directors at PCF after completing her two-year tenure as …

9 03, 2023

Connecticut Sues Firearm Companies Over Ghost Gun Sales

By | March 9th, 2023|Uncategorized|Comments Off on Connecticut Sues Firearm Companies Over Ghost Gun Sales

Connecticut on Tuesday sued four gun companies it accused of mailing illegal firearm parts with no serial numbers to an undercover state investigator, the latest legal filing by states and cities seeking to crack down on untraceable ghost guns. Announcing …